Don’t Fear a Biotech Correction

Focusing on the long term is one of the first lessons that investors learn. It is an especially important thing to keep in mind in biotech.

The sector has long been a good place to put your money. The Nasdaq Biotechnology Index is up nearly fivefold over the past 10 years and has gained 4% so far in 2018. Despite that happy backdrop, there are real risks that investors will likely soon encounter.